virtual accounting in reno

Tesla Gigafactory in Reno: What This Means for Reno's Economy

Elon Musk, CEO of Tesla Motors, is a man with a vision. From pioneering the luxury car revolution to breaking ground on the forefront of space travel and hyperspeed transportation services throughout the world, he has already accomplished more in 43 years than many accomplish in a lifetime. On September 4, 2014, Musk announced that Nevada would be the new home of his $5 billion “gigafactory” responsible for producing high-tech batteries for his electric vehicles. The first (and largest) factory of its kind, its construction is estimated to bring tremendous economic growth to the Reno area, the factory's closest major city in Northern Nevada.

VAST HQ resides here in Reno, and now that the initial glamour and excitement over Tesla’s giga-announcement has settled, economists have analyzed the factory's expected economic impact on the Northern Nevada.

 

Tesla Gigafactory in Reno: What the Economists Say

Jobs: In the next five years, Tesla is expected to boost jobs in the Reno and surrounding economies. While the Reno/Tahoe area may already be well known among Tesla’s executives as a favorite for weekend getaways and vacation homes, an estimated 6,500 more employees (new and existing) will soon call Reno their home.

Economic Growth: Tesla’s new factory marks a major step in the right direction towards establishing Reno as the new high-tech city it’s striving to be. Over the next two decades, an estimated $100 billion economic impact is expected in Reno. According to the Governor’s Office for Economic Development, that’s about a 20% boost in 20 years.

Economic Diversification: Reno is no longer just the slot machine, shotgun-wedding town it used to be. With a revamped downtown area and Startup Row well underway, the Tesla move will only further Reno’s diverse economic makeup … which can only mean good things for the area.

In all reality, Tesla’s gigafactory has the potential to, and likely will, change the Reno economy forever. While some analysts say the economic impact might be overstated, there is no denying that big changes are on the horizon as Tesla’s gigafactory, and the other companies it attracts, set out to make Reno their new home.

The New Guys: Our New Virtual Accounting Teammates

There are a few things we go absolutely bonkers for here in the VAST office: watching the clock strike midnight at the end of tax day, chai tea lattes from The Hub, puppies and new additions to the office. Although we don’t have the capacity for a CPO (Chief Puppy Officer) yet, we are happy to welcome our latest and greatest members to our team. The Virtual Accounting New Guy/Gal Roster

Debbie Page, VAST: Tech | Staff Accountant

As a staff accountant at VAST, Debbie is responsible for ensuring all things financial are attended to accurately and in adequate time. When she isn’t scanning your income statements or balancing your cash flows, you can find Debbie racing the streets as a part of the Reno Corvette Club, where she’s been a member for over 2 years.

She has over 20 years of accounting experience … AKA; she’s a bad hombre. But, don't let her extensive background in accounting (or Corvette’s) intimidate you. She also enjoys reading, traveling during the summer, skiing during the winter and donating to the Reno Sparks Gospel Mission in her free time.

Welcome to the team, Debbie.

 

Connor Estep, VAST: Intern

Much like the greats of classical music, this VAST Intern is all about the piano life. Currently an undergraduate student studying accounting at the University of Nevada, Connor hopes to obtain his CPA after graduation.

When he isn’t serenading the ladies with his Beethoven-like piano skills, he spends his time camping, working (and playing) on the computer and, like every other college student, studying.

Knowledge is power, Connor; prepare to learn from our team of the best virtual accountants in Reno (and possibly the universe).

VAST at Bob Proctor's Matrixx

As a small business in Reno that works on the forefront of the virtual financial firms, VAST has some of the best team members in the nation. Each year, we send a representative from our firm to attend a world-renowned professional conference hosted by none other than Bob Proctor.

Matrixx is a quaterly conference hosted in Toronto, Canada where leading professionals from around the world in various industries meet with attendees for a once in a lifetime training opportunity. Between August 18-23 of this summer, conference goers will have the chance to listen, learn and speak with industry leaders to better their professional repertoire.

While you may not recognize the name Bob Proctor off the top of your head, his professional accomplishments are nothing but spectacular. One of the primary teachers in the wildly popular film, The Secret, Bob Proctor has become one of the world’s most sought after professional and motivational speakers. As Doug Wead, former Special Assistant to the President of the United States so eloquently stated, "Zig Ziglar may be the master motivator, Mark Victor Hansen and Jack Canfield of Chicken Soup for the Soul, the master storytellers; Anthony Robbins may be the guru of personal development, but Bob Proctor is the master thinker. When it comes to systematizing life, no one can touch him."

VAST is proud to have had their very own Tanya McCafferey invited to speak at Bob Proctor’s Matrixx for several times now, including the upcoming August Matrixx event. For more information on the Matrixx event and our involvement, please visit their website or contact us at VAST HQ today.

Virtual Accounting: Where you Need it When it Matters

It's the world we live in: everything is digital. From cloud-based document sharing through Google and Dropbox to applications like Venmo offering instant person-to-person financial transfers, it seems that everything will be digital within only a matter of years. And while some things are better left in their old traditional ways, company accounting and financial management is not one of them. Here are the top three benefits that Team VAST brings its clients by granting them access to their finances anytime, any place.

Time-Sensitive Decisions

How many times have you had to check your bank account before making a large purchase? Chances are, more than once. Having access to your company’s financial data when making time-sensitive decision can be the difference between a great new purchase or the cause of your company’s Christmas bonus death. With virtual accounting, you have access to updated information you need when you want it, on your time – not your accountant's.

Financial Safety

Although when you use a certified virtual accounting firm such as VAST you can rest assured that your finances are being protected, it never hurts to know that your money is where it should be. Whether you need to check the status of a transaction or you are just keeping an eye on your accounts, let online virtual accounting lay your worries to rest.

Travel the Easy Way

Using virtual accounting for your small, medium or large business grants you the freedom to travel without the worry of leaving the financial information you need behind. With online virtual accounting services, you have all the information you need no matter where you are, from Berlin to Burbank.

VAST provides small businesses all over the world with the best virtual accounting services. Let us help you transition your finances into the 21st century today. Surely, you won’t regret it.

Entrepreneurship Tips: Staying Focused on the Pride of Owning Your Own Business

Simply said, entrepreneurship is not for the faint of heart. Staying motivated, keeping your business above water and living a healthy life outside of your business may not seem overwhelming on paper, but if you've lived it, you know it's enough to swallow you whole. The world of owning your own business can be the most rewarding endeavor of your life, but it can also be the most detrimental. While VAST handles the financial side of small businesses, we do so for the sake of small-business owners so they can stay focused on the heart of their business. We’ve picked our brains to come up with the following entrepreneurship tips to stay grounded when owning your own business.

Remind Yourself “Why”

On a regular basis we hear stories of individuals setting out to achieve their dreams and make a difference in their community through their business endeavors, but all too often they become consumed with the idea of a dollar. When the going gets tough, reminding yourself of why you started your business in the first place can be a breath of fresh air while keeping your morals in line.

 

Stay Grounded Outside of Work

Some of the most successful professionals understand that work is simply work. They are passionate about the work they do because they know the impact of their performance (in the community, at home, etc.), but their professional life is only a small piece of their life puzzle. Spending time with family and pursuing your hobbies--among so many other activities you find passion in--will keep you motivated and grounded inside and outside of the office.

Develop a Trustworthy Professional Network

As the owner of small business, it’s easy to feel lonely and discouraged because you believe you are the only person in your shoes. While in some ways you are, there are millions of entrepreneurs in this world who know your struggles first-hand. Develop a network of similar-minded professionals from all industries and share your successes and your struggles. It helps, trust us.

Entrepreneurship is so rewarding. But at the same time, it can be so difficult. Team VAST takes pride in the work we do for our clients, and we are happy to provide entrepreneurship tips for success. Keep moving and shaking, all you daring movers and shakers!

Easy, Accurate, Done: Outsourced Accounts Payable in Reno

Managing your business’s accounts payable can be a daunting and often annoying nuisance. When managing your own finances as a small business owner, it can feel as if there simply aren’t enough hours in your day stay on top of it all, leading to unnecessary stress, unorganized financial documents and sometimes fiscal penalties when dealing with suppliers and manufacturers; all of which can really dampen your Danish (if you know what we mean).

Fortunately, VAST makes managing accounts payable easy, accurate and done. As just one of the many services we offer, VAST understands the benefits that come with outsourced accounts payable, and our Fortune 500 expertise ensures satisfaction and exceptional results. Although a recent study from the Association of Chartered Certified Accountants (ACCA) found that small business owners worry that using outsourced accounting, (also known as virtual accounting) may disrupt executive control of finances and managerial practice, the results prove otherwise.

Allowing VAST to take control of your accounts payable in Reno (or wherever your business is based) can reduce financial errors while allowing you to enforce business rules and limits that prevent employees from making costly mistakes. Whether your accounts payable includes basic costs or a laundry list of expenses, allowing a professional to manage your accounts payable offers abundant benefits.

VAST offers full-service, across-the-board virtual accounting services; however, we can accommodate working with your internal CPA should you choose--no problem. As virtual accounting becomes more widely used by businesses everywhere, you can count on VAST to stay ahead of the game, providing the best service for outsourced accounts payable and all things virtual accounting.

Choose VAST to ensure managing your accounts payable is easy, accurate and ultimately, done.

VAST; Offering Outsourced Accounts Payable in Reno

VAST is proud to offer reliable outsourced accounts payable in Reno and beyond. While we may be headquartered in Reno, Nevada, our services are available country-wide, with global options pending. For outsourced accounts payable in Reno (or anywhere else), or a full spread of virtual accounting services. Please contact us to get started today. VAST, sounds like ‘fast,’ feels like trust.

Small Business Tax Preparation in Reno (and Well Beyond)

For most small business owners, tax season stinks. As a fellow small business, we understand the blow that comes with being sideswiped by the unpredictable laundry list of requirements necessary to file small business taxes. Mix in the already overwhelming everyday duties of a small business owner and tax season is a recipe for disaster (AKA an impending mental breakdown, a lash out at unsuspecting victims or a series of holes in your office walls).

Fortunately, we know exactly what it takes to make tax season that much easier on you and your business. How? By putting VAST in charge of your small business tax preparation. Whether you use VAST services for your accounting needs year-round or you’re simply looking for a professional hand to assist in filing for 2013, let us give you the ultimate peace of mind. Our expertise handling small business tax preparation in Reno (and beyond) is extensive, mind-boggling really.

As a virtual accounting firm in Reno, the systems we have established to ensure convenience and ease-of-access are unbeatable. We specialize in bringing quality, efficiency and accuracy directly to you and your small business. Let us do what we do best: crunch your numbers and keep your hard earned cash in your pockets where it belongs.

As a small business owner, it’s easy to feel overwhelmed. At VAST, we make accounting so easy that you’ll swear you just discovered the small business accounting “easy button.” April 15th is racing toward us, so help us help you by contacting VAST today.

Whether your small business is based in Reno or elsewhere, VAST has the resources, experience and know-how to competently prepare your small business taxes.

 

Now That it's Tax Season, Has Your Accountant Gone MIA?

Did you outsource your accounting to a firm that promised they specialize in "cloud" accounting or virtual accounting only to find that now that it's tax season, they've run back to their true love (and breadwinner): preparing taxes? There are bushelfuls of accounting firms that moonlight as outsourced accounting firms, generating revenues to fill in those "slow" months when tax returns aren't pouring in. This can often leave their clients scratching their heads during the busy tax season months of February, March and April. Unable to connect via email, phone, in-person visits, telegram or any other means of communication, clients are left asking themselves "where, oh where did my accountant go?"

At VAST, we are dedicated to virtual accounting and outsourced CFO services for our clients and this means that our clients have dedicated accountants on their team (year-round).  These specialized accountants love VAST and work full-time for VAST--so they won't get pulled away when it's busy, regardless of the time of year. We dovetail our virtual accounting services into our tax team so that we can provide more intuitive and calculated tax advice to our valued clients. This way our valued clients receive consistent virtual accounting throughout all 12 months of the year and also the value-add of a tax team that is familiar with their finances.

Connect with us today to learn how VAST can empower you with financial information.

VAST is a virtual accounting service based in Reno, and with the cloud capability to work with clients all over the world. When it comes to tax preparation in Reno and beyond, we aim to take a comprehensive look at our small-business and individual clients in order to prepare and file their taxes professionally, intuitively, and on-time. 

At VAST, We Don’t Take Hostages

With nearly 85% of small businesses in the United States using Quickbooks, there is a really, really good chance that, if you're a small business, you do too. So, when you outsource your accounting to a virtual accounting firm, why would you want them to move all of your critical data to a proprietary system that you've probably never heard of? Sure, many of these systems have snazzy dashboards and additional reporting that the firm can automatically feed over to you, but at the end of the day you are stuck with that program once you make the switch. Like it or not. You are held captive by the firm that understands the program and knows that you need them to help navigate it.

At VAST, we don't take hostages. We keep the accounting for our clients safe and sound in the same Quickbooks file and version of Quickbooks that we initially received from you. Sure, we clean it up and make me sure it is in tip-top shape, but there’s no need to spend our time (and your money) transferring all your financial information into some obscure system.

We keep your accounting current and reconciled so you have full reporting and full transparency whenever you need it. You can log directly onto your Quickbooks file on our cloud server or simply download your reports from our secure portal 24/7, even if our offices are closed for any reason (after hours, holidays, weekends, etc.).

Our talented team here at VAST believes that entrepreneurs are empowered by financial information. Therefore, we want our clients to have full access to their information and full faith and confidence in the condition of their data and the system it's kept on.

Visit www.vastcfo.com today to learn how VAST is better for your bottom line.

Giving Thanks to All Our Clients

Thanksgiving

A great American tradition is taking a day out of the year to give thanks for all that we have. At VAST, we have so very much to be thankful for. This last year has been absolutely wonderful for us, and all that we have is because of our wonderful clients, regardless of which of our many virtual accounting and virtual bookkeeping services you enjoy. It’s our clients that have made our jobs worth waking up for every morning. To say that you’re what keeps us going is an understatement. Our clients mean so much more than that.

Thank you for believing, like we do, that we truly can revolutionize the way businesses handle their accounting. Our virtual bookkeeping services aim to make the life of a business owner much simpler. You no longer need to invest huge sums of money into an onsite accounting department. For many, this would probably be enough, but we go even further. By making your financial information easy to read, always accurate and with unlimited accessibility, you always have the information you need to make important business decisions.

As virtual bookkeeping and virtual accounting gain more momentum, we are thankful to be your choice for providing all of the related services. Our goal is to make sure that our clients can always rely upon us. We treat our clients like they are the best in the world, because we honestly think they are. We look forward to serving you for countless years to come. But no matter how long we have worked with you, we will always be thankful for your patronage.

This year, as you gather around your Thanksgiving table, enjoying valuable time with your family and friends, we want you to know that your virtual bookkeeping and virtual accounting is well taken care of. And if for some reason, the conversations lead you to thinking about your business, your accounting information is available for you 24/7, 365 days a year. Even on Thanksgiving.

From all of us here at VAST, have a wonderful, carefree Thanksgiving.

A Step Up from Basic Bookkeeping Services with Accuracy You Can Trust

It's amazing how a single missed keystroke can cause so much havoc in the accounting process--clients could flip, business owners could explode their stress balls, and employees could be on the wrong end of some pointing fingers. Yep, handling your own accounting can be frustrating, to say the least. Hitting six instead of nine, or a $475 charge entered as $457, can cause splitting headaches down the road. While they may seem virtually impossible to avoid, VAST can help eliminate these mistakes from day one. We believe our bookkeeping services have helped to change the world of accounting forever.

We place a premium on accuracy, which starts by understanding that human error is unavoidable. In accepting this, we have implemented processes that call for checking and rechecking every keystroke that is entered into every log. If the numbers are wrong from the start, you can bet that the ensuing math will also be off, which is why we believe that no part of the process can exist effectively without checks.

There's no doubt that constant rechecking sounds tedious, but it is one of the key ingredients that make our Reno bookkeeping services trustworthy. Another key ingredient is the mindset. We bring the same attention to detail to every project. It takes a very special kind of person to bring the same mindset to work every day. At VAST, we have searched long and hard to find our virtual bookkeepers and we know they are up to the task day in and day out.

When you become a VAST client, we offer the opportunity to pack up your calculators and rest easy, knowing that your ledger is in good hands. Our Reno bookkeeping services are the best in the biz. We say that boldly because we know that our process works. If you are finally ready to make the decision to outsource your bookkeeping services, we are the right people for you.

 

Call it Virtual Accounting, Call it Outsourced Accounting: Either Way, We’re Scary Good

Keri Pruitt

Whether you call it virtual accounting or outsourced accounting, there is no denying the convenience, accessibility and accuracy that having your accounting handled virtually can provide. As entrepreneurs ourselves here at VAST, we know what it is like to run a business. Through successes and failures, there is always a shortage of one commodity: time. Sometimes, we're guessing, it seems like you spend the entire day running your tail off and end up not getting a single task checked off your list. When you add accounting into the mix, the demands on your time are only increased.

This is where we can help. If you were to visit our office, and meet our staff, we are certain you would be impressed; we are the valedictorians of virtual. VAST has developed a system that keeps your information consistently up-to-date. As soon as we get information, your account is updated and done so in a manner that anyone can follow. Therefore, if your account representative is out of the office for a day, we know exactly how to pick up where they left off. This gives our outsourced accounting service the feel as if we were right in the office with you.

All of your accounts payable and receivable can be forwarded directly to us. We will handle all the work of digging through the complicated numbers and deliver easy to understand reports that can be accessed anywhere, any time. With outsourced accounting, your information is always at your fingertips, which allows you to make those important decisions and focus your time on building your business. VAST is your partner in success; we are dedicated to giving you all the tools you need to succeed and we are scary good at what we do.

Happy Halloween from all of us at VAST.

Traditional Vs. Virtual Accounting

Melanie Jubenville - Staff Accountant

We get a lot of questions about the difference between traditional vs. virtual accounting methods. At their core, there are many similarities. For instance, both have accounts receivable, accounts payable, payroll and reporting. These are at the heart of every effective accounting system. Every business needs to know how much money they have coming in and how much they have going out. This is the purpose of accounts receivable and accounts payable. Once this information is figured out, then there is paying employees and generating reports that illustrate the money flow for any given period.

What makes traditional accounting so different from virtual accounting is the general approach. Traditional accountants still have to make visits to your office and take up valuable time to hash out numbers. They are reliant upon the business owner to give them every single piece of information they need. This can be done by hiring an in-house accounting department or by having an accountant stop by on a monthly or weekly basis to go through the numbers. Virtual accounting is a game changer that makes the old methods--such as paying accountants to come to you physically--simply obsolete.

Many Virtual Accounting firms take care of your account on a daily basis ... virtually. They consistently pay your vendors and accept payment from your clients. The biggest difference is that virtual accounting can handle all of this work from virtual offices (makes sense, right?). This eliminates the need to take up your valuable space and time, freeing you up to do what you do best, run your business.

If you are considering traditional vs. virtual accounting for your business, our account representatives at VAST are here to answer any questions you may have. We are certain that we can free up your schedule and offer an easier process for all of your accounting needs.

Virtual Accounting Firm

Contact us today to find out how to break free from the chains of traditional accounting; we're anxious to help you get started.

Virtual Accounts Receivable: Managing the Mayhem

When business is good, Accounts Receivable can be your favorite report to review.

What your customers pay you is in effect the lifeblood of your company and its future. At VAST, we can make that report look even more impressive. When you sign up for our virtual accounts receivable, we take care of all the work that goes into managing it and send you a simple, easy to read report. In fact, this report is not something you only get to see say on a Wednesday at 11 a.m. Instead, you will be able to get up-to-the-minute reporting anytime you have the itch.

VAST takes care of all the less-than-fun parts of your virtual accounts receivable for you. We can even take the initiative to bill your clients for you. When they don’t respond we will help track them down on your behalf. Once their payment is received, we make haste in updating your virtual accounts receivable report promptly. When you are on the go, making your business work, you need information about your money immediately. As the partner who is interested in facilitating your success and helping you reach unimaginable heights, we work to always keep you informed.

Once a payment is received, we will also do the legwork of getting it into your bank account. By making deposits for you, often within the same day, we are removing any delays that could hold you back from making those important business decisions. It is our commitment at VAST to never hold our clients back, but to always be propelling them forward. It is this attitude, combined with the unbelievable services we offer, like our virtual accounts receivable, ahem, that makes us the ideal partner for businesses of every size and shape.

Virtual Accounting: Our Core Beliefs

At VAST, we didn’t create a business and then build values into it. Instead, we clearly defined our core beliefs and then built a business around them. Without those core beliefs we fail to function--we wouldn't know who we are; we would lack an identity. Below are the beliefs that establish the foundation on which our entire company stands.

We believe our clients have the right to access their up-to-date financials whenever they choose, regardless of whether or not our offices are open. This is where our virtual accounting services really shine. As our client, you are never more than a click away from all of your valuable financial information.

We believe our clients are entitled to accounting help and recommendations, even if a member of their team is sick, on a ski vacation or getting their tonsils removed. VAST is there for you regardless of who is in the office on the particular day you need assistance. We keep our records tightly organized so that our trusted representatives can answer any of your questions and resolve any issues.

We believe financial knowledge can empower a business. When you know where you stand you are better prepared to make decisions about where you are going. Sounds like something your grandma used to preach to you before school, but around here we firmly believe it.

We believe we never stop earning our clients’ trust. Yes, we offer virtual accounting services and design them to never let our clients down, but there's so much more to our philosophy. We believe we continue to build our reputation every day; it's everything to us and we never risk damaging it.

We believe we can simultaneously be numbers-people and people-people. Sure, we have dedicated our careers to crunching numbers, but our staff loves working with people. When we can make our clients day, we know we are doing our job.

We believe in building relationships based on doing the right thing. Often times this means taking those extra steps in order to ensure accuracy and accountability. However, it is worth the effort to know that our clients can trust their accounting information is safe with us.

Virtual Accounting

We're here to offer you the highest-notch virtual accounting services offered anywhere on the planet. Whether your business is in need of anything from payroll services to a full-blown outsourced CFO, VAST is happy to work with you and start building your trust in us today. Get in touch; we're excited to hear from you.

Less Time at the Desk, More Time in Front of Potential Clients

Many business owners find themselves trapped behind a desk for the entirety of their work day, their work week, their work year. Some probably get out about as much as the office plant next to their desk. There always seems to be so much work to finish that it is practically impossible to get out of the office and in front of potential clients.

Your customers want to see your smiling face, but instead you're stuck in the back office staring at recent accounting figures--trying to make sense of the scattered reports. When you partner with VAST, we offer freedom. Our accounting service will take care of the numbers so you can get out there to meet with the clients that can take your business to the next level.

Stirring new business is the lifeblood of most companies. Once this becomes stagnant, so do the numbers. We want to see your numbers climbing to simply unbelievable heights. However, getting those big clients to meet with you often takes time and networking.  Outsourcing your accounting to an ambitious, accuracy driven virtual service can make a huge difference.

At VAST, we love sitting around crunching numbers; no really, we do. It’s kind of our thing. We’ve dedicated our careers to numbers, and somehow none of us have come out like Milton from Office Space. We put the swag in accounting. We have solutions that can make your accounting easier than you have ever imagined. Our accounting service offers the highest level of expertise with industry leading CFOs on staff. You will have instant access to all your information whenever you want it. Get out from behind that desk; our virtual accounting service will take care of numbers so that you can get in front people and drive your business forward.

Three Tips When Implementing a Virtual Payroll Service

You’re ready to take the big leap into hiring a virtual payroll service, which truly is the fastest, easiest way to get your payroll out consistently and accurately. Whether you are a new business owner or you have been around the track a few times, there are certainly some important facts to know. As VAST jumps in to help you streamline your business with a virtual payroll service, we will give you all the information you need. As you're gearing up for the switch, here are a couple of big-time tips to help the transition go smoothly.

Classify your employees properly. Just because you have an employee who is willing to be paid as an independent contractor does not mean it is legal to pay them this way. If the employee keeps regular hours and performs the same kind of work your company offers, more than likely they will need to be paid as an employee. Of course, there are a few exceptions to this and we can help you navigate the laws surrounding employee classification.

Don’t forget to budget for taxes. Especially for business owners who have never had employees before, taxes can come as a surprise because you are often times required to match employee contributions to Medicare and Social Security. There are also state and federal taxes along with an obligation to contribute to the federal unemployment fund. Failing to budget these expenses from the start can create serious headaches down the line.

Calculate and pay those taxes automatically! When VAST sets up your virtual payroll service, we use Intuit, a secure and trusted program with exceptional reliability and accuracy. With the simple click of a button, Intuit will calculate your payroll taxes for you. It is a great way to avoid all the fees and fines that come with missing IRS deadlines.

Hiring a qualified virtual payroll service can really clear up time in your crazy schedule. Look for a firm that offers timeliness, accuracy and ease of transition when you're making the decision to step into the future of payroll.

How Going Virtual Can Streamline your Small Business Accounting

How Virtual Accounting Can Change Your Business

It has been said by countless small business owners that there simply aren’t enough hours in the day. At VAST, we feel no need to argue with that. We could certainly do with a couple of extra hours—maybe finish that “Why We Love Accounting” manuscript that has been collecting dust in the corner. The truth of the matter is that a little bit of free time would be welcome in most people’s schedules, and for small business owners, those hours would most likely go right back into their businesses.

Building a business into a success is an all-consuming prospect. But what if you could have that extra time? Going virtual can really streamline your small business accounting. All the time you are currently dumping into crunching numbers could be spent doing what you do best: running your business. VAST is like a horse chomping at the bit before a race; we are ready to jump in and get started.

Not only will going virtual with VAST save you the time of dealing with your small business accounting, it'll also give you access to resources that are largely unavailable to most small businesses that are out there on their own. We can put you face-to-face with one of our very experienced CFOs to discuss the direction your business is heading. Say you land a big contract and you need to make adjustments to meet the obligations that come with it; if it has to do with numbers, we’ve most likely been there and know how to approach the situation.

As you build your business, don’t let small business accounting bog you down. Let VAST be the partner that is always there with the helping hand. Together, we will streamline all your processes and get your business running as smoothly as possible. You never know, your business could be so efficient that you get a little bit of well deserved free time.

Online Accounting Service Helps Launch New Businesses

VAST Launch

Starting a new business is a hectic process. There is so much to do and all you want is to open your doors for business. If it’s your first time on the entrepreneur merry-go-round, the process can seem overwhelmingly complicated. Besides, who really knows the difference between a Limited Liability Corporation, a C Corporation and an S Corporation? Well, honestly, we do and we would love to help you figure out exactly which entity would work best for your company. VAST is a comprehensive resource that can help you make and then implement these decisions.

However, figuring out what kind of entity best fits your company is only the tip of the daunting iceberg. There are also the tasks of setting up a bank account, applying for an Employer Identification Number (EIN), creating budget and cash flow templates, and setting up a QuickBooks file. With so much to do on the accounting side alone, it is easy to understand why a business owner can become overwhelmed even before they cut the ribbon.

If getting your system together is proving challenging, our virtual service is here for support. We know that you want to build the right foundation, but you want it to be an elastic foundation that can grow and expand to meet your company's needs as it grows. This seems like no easy task, but since our inception, VAST has aimed to make life easier for busy business owners. Now, how would we be living up to this if we didn’t help startup companies get their feet firmly underneath them? This is why we are revealing our new package, VAST:Launch.

Sure, we could keep our secrets locked up in a shed or basement somewhere, but we want you to succeed. So we are dropping the curtain and sharing our knowledge with ambitious business owners everywhere. If you want someone else to magically make all your accounting needs just appear … you got it. Contact us to learn more and sign up for VAST:Launch today Our online accounting service will build the foundation so you can put your laser focus on your company's success.

Online Accounting Service

VAST (sounds life fast, feels like trust)

Clear Up Your Schedule With Virtual Accounting

The world seems like it is spinning faster each day. For business owners, the pace is nearing hyper speed. With so much to do, it may be difficult to get to everything on your daily list. While there are many priorities, your accounting is definitely worth every bit of attention you can give it. The problem is that it never goes away. Every minute you miss today is doubled tomorrow. Before you know it, your inbox has taken over your entire desk.

Now the solution for this may be to come into work extra days, throw on you green visor (the signature accessory of every accountant) and get to work, plugging away on your calculator until the sunsets, or you could go virtual. Everything else is giving way to technology, might as well let your accounting do it as well. We are the Virtual Accounting Services Team, aka V.A.S.T. We think this name is pretty slick because we offer a vast array of virtual accounting services that are all specifically designed to make the busy entrepreneur’s life a little bit easier.

We don’t need to group a bunch of kids around a table and ask them which is better: easy or hard? Our point is simple enough. When you decide to go with virtual accounting for your business, you get the ease and accessibility of an in house accountant at a fraction of the cost. This simply translates to an affordable option to clear up your schedule for the tasks that can only be done by you.

Not only does our virtual accounting clear your plate, it is handled by some of the best accountants imaginable. We have credible CFOs on staff that can step in and help your business grown in any number of ways. Don't limit the dreams you have for your company because of time constraints; clear up your schedule to dream VAST.